Saudi Arabia-backed Humain recently invested $3 billion into Elon Musk’s xAI, thereby becoming a significant minority shareholder in the company.
The investment was part of a $20 billion funding round xAI completed in early January with investors including Nvidia and Cisco.
Humain stated it is now a significant minority shareholder in xAI. Its stake will convert into SpaceX shares, which Bloomberg estimates is roughly 0.24 per cent ownership of the newly combined $1.3 trillion company.
The deal deepens the relationship between Musk and Saudi Arabia as the kingdom accelerates a push to become a major global AI player.
Formed in 2025 with backing from the Saudi Public Investment Fund, Humain has been aggressively building AI infrastructure and compute capacity.
In November 2025, the companies announced a 500‑megawatt data centre in Saudi Arabia, along with broader plans to roll out xAI’s Grok.
“Together, these initiatives deepen long-term alignment and extend Humain’s role from strategic partner to leading global shareholder in xAI”, it stated.
Source: Mobile World Live
Image Credit: xAI
